NDB pledges to equip farmers with financial literacy

National Development Bank
National Development Bank

The National Development Bank (NDB), the state-owned agriculture lending entity, has expedited the process of empowering farmers with financial literacy to enable them to take advantage of Temo Letlotlo.

Last week ,during a financial wellness webinar, officials of the bank stressed the importance of right financial practice as a pre-requisite for farmers to benefit from Temo Letlotlo, which is a new arable farming programme that replaced ISPAAD. NDB CEO, Ozone Madisa, stated that as a developmental bank, they will play a more progressive role in the next financial year (2024-25).

She said in this matrix, they will inspire farmers to understand the financial part of farming, which is pivotal to their success on the farm and overall aim of feeding the nation. “There is only one thing that can bring down the nation’s dependency on other nations for food and energy.

Editor's Comment
Let’s get the constitutional amendment right

Their concerns highlight the need for meaningful dialogue between government and relevant stakeholders to ensure the best interests of the country are served.This was in addition to other voices from opposition politicians and civil society organisations.The stance underscores the importance of citizen participation in the constitutional amendment process. The AFM rightly assert that such weighty matters demand thorough discussions to reflect the...

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